Post
Topic
Board Announcements (Altcoins)
Merits 5 from 1 user
Re: [ANN] Sia - Decentralized Storage
by
Hakkane
on 24/04/2018, 13:16:08 UTC
⭐ Merited by Searing (5)
What does it take to build a rig to rent out decentralized storage with siacoin? Not sure if it is worth it, even for fun, but curious on how many TH would be needed

and or other equipment to pull this off as an experiment with the decentralized storage options on sia coin

anyway, ballpark equip and figures are fine...likely would make no sense to do so...but would be nice to see where the project stans in being viable with those

costs in mind

brad

It is not very profitable to be hosting right now as the usage of the network is only 5%: there is oversupply of hosts currently. But obviously all hosts are expecting the usage to increase over time. Besides, it is funny to be a host and good to learn now for the time Sia goes prime time.

Building an energy-efficient rig is the key: low TCP CPUs, 5400rpm disks instead of 7200... About the disks, better NAS-grade or enterprise-grade disks (WD red, Seagate Ironwolf) than consumer-grade disks, as the former are prepared to last 5+ years running 24/7. And better if you offer 4TB at least, as there is a score penalty for less storage than that.

The cheapest option is using a Raspberry pi + an external hardrive, that would be an investment of around $150 (about 50-70 for the RPi setup and 80 for the disk) with a normal 4TB external disks or about 200 with the same disk size but NAS-grade.

A more beefy and professional solution could be an HP Microserver, that has 4 bays for disks. They can be found by $350-400 without disks